posted on Nov, 20 2012 @ 06:45 PM
Originally posted by DelMarvel
The reality is that most of the systemic problems that led to 2008 have not been addressed by our allegedly "Marxist" president or anyone else. The
big players are even bigger and there remains the possibility of the same thing happening again.
Spot on with this post ...couldn't agree more with these sentiments. All that's happened is that the big fish ate the little fish and the big fish
just got bigger.
These Piranhas who are at the top of this shadow banking system have no morals, are completely un-empathetic to the point of being psychotic and
really don't care if they bring the whole global financial system tumbling down - as long as they get this years multi million pound bonus they
couldn't give a fig!
Brooksley Bourne warned Congress of the threat these derivative trades posed to the American people's savings and pensions in the 90s when the
industry was about £27Million. These days it dwarfs the entire global economy. Or As Warren Buffet famously referred them to "Financial Weapons of
Mass Destruction" - It's just an absolute disgrace and what's more, history will hold these politicians and regulators to account for allowing this
banking Mafia to carry on unchecked.
Here in the UK - London has THE most de-regulated financial sector anywhere - All of the big guns from Wall St conduct most of these shadow trades
through London and all the other "illegal" activities that go one while the toothless UK Regulator - the FSA - spends a good deal of it's budget on
wining and dining the banksters while picking on the small fry the humble IFAs.
Governments around the world are powerless to do anything, simply because the same "advisers" are in place, working away in the background to make
sure the de-regulated status quo remains, despite all the table thumping in the past by Obama, David Cameron, Vince Cable etc etc
They don't call them "Government Sachs" for nothing!
PS Off to Watch The Keiser Report on RT.com - Max Keiser the guy who turned out not to be the La La conspiracy theorist they all called him
edit on 20-11-2012 by JB1234 because: (no reason given)